The healthcare sector was one of the best performing parts of the stock market in 2025, despite significant volatility in some key players. While some titles experienced significant declines due to margin pressure and regulation, other companies in the sector managed to post above-average gains. Moreover, one of these companies is still below its fair value.

The healthcare sector was one of the most prominent and interesting parts of the stock market in 2025. In an environment of slowing inflation, declining interest rates, and increased volatility in the technology sector, the healthcare sector has once again come to the forefront of investor interest. However, the sector's top-line performance was not just defensive; quite the opposite.

The main macroeconomic factor supporting the healthcare sector in 2025 was a combination of demographic trends and the relative resilience of demand. Aging populations in developed economies, rising healthcare spending, and continued innovation in…